BUSINESS

Worldreader, RJio tie-up to bring children’s books for 15 cr JioPhone users

8:06 pm September 8, 2020

New Delhi: Global non-profit education organisation Worldreader on Tuesday said it has entered into a strategic partnership with Reliance Jio to make accessible children’s books to 15 crore JioPhone users. According to the 2019 Annual Status of Education Report on Early Years, nearly 80 per cent of Indian households have no reading materials at all. “Through Worldreader’s BookSmart application on Jio […]

Wipro plans to set up Digital Innovation Hub in Germany

7:35 pm September 8, 2020

New Delhi: Wipro on Tuesday said it plans to set up a Digital Innovation Hub at Düsseldorf in Germany that will serve as the IT services major’s flagship centre in Europe. The proposed Digital Innovation Hub will offer digital transformation expertise to companies in Germany, enabling organisations to cross skill and upskill besides supporting talent development in local communities, a […]

Sensex succumbs to fag-end selloff; IT stocks sparkle

7:14 pm September 8, 2020

Mumbai: Domestic markets pared all intra-day gains to close with modest losses on Tuesday as investors dialed down their exposure to riskier assets amid fresh border tensions with China. A sliding rupee and macroeconomic uncertainties further soured risk appetite, traders said. The BSE Sensex overcame a choppy start to gain momentum in the afternoon session, […]

Rupee settles 25 paise lower at 73.63 against US dollar

3:54 pm September 8, 2020

Mumbai: The rupee depreciated 25 paise and settled at 73.63 (provisional) against the US dollar on Tuesday amid rise in demand for the American currency from banks and importers. At the interbank forex market, the rupee started off on a tepid note at 73.63 and finally closed at 73.60 against the greenback, down 25 paise […]

Delhi-based Kashmiri scribes, over 25 people from Valley were potential spying targets: Report

ITC clocks growth in online sales, expects festive season to push overall demand

10:48 pm September 7, 2020

New Delhi: FMCG major ITC is expecting the upcoming festive season to push demand of products, including some discretionary items like perfume, confectionery and cosmetics, according to company chairman Sanjiv Puri. The company is also witnessing a surge in its online sales, with e-commerce contributing around 4.2 per cent to its overall turnover. “As far as the […]